Currently Not Collectible Archive
If you're experiencing a financial challenge, take into consideration CNC condition.
This status is only for taxpayers whose expenses exceed their income.
CURRENTLY NOT COLLECTIBLE A taxpayer can have all collection activity halted if they are under “Currently Not Collectible” status. This status is only for taxpayers whose expenses exceed their income. The IRS will look at national standards in order to determine if the taxpayer could afford their basic living expenses.